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Oil and Natural Gas Corporation Limited (ONGC)
ONGC has produced more than 600 million metric tonnes of crude oil and supplied more than 200 billion cubic metres of gas since its inception, thus fuelling the increasing energy requirements of the Indian economy. Today, ONGC is the most valuable company in India, contributing 77 percent of India's crude oil production and 81 per cent of India's natural gas production
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Head Office:
Tel Bhavan
Dehradun, UT, 248008
Phone : +91-0135-2759561-67
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Oilco Services (India) Limited was incorporated in 1999 and commenced its operational activities in the year 2000.Our organisational objective is to supply, install, commission and maintain all equipment that is used in a petroleum retailing station environment. In that, Oilco Services aims at becoming the largest service provider to the petroleum retailing companies in India.
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/images/logos/local/th_pcdpharmaindia.jpgPCD Pharma Companies India
We are the top PCD Pharma Companies in India, offering pharma franchise to companies and helping them on the way to success. We offer optimized solutions as a PCD Pharma Company India with a long-standing proven track record. At PCD Pharma Company India, we have always maintained an independent identity while developing progressive partnerships across India. We encourage more and more businesses to become a part of the PCD Pharma India family.
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PETROWATCH is a fortnightly intelligence bulletin on the oil, gas and power sector in India.
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India's largest business house with total revenues of Rs 80,000 crore (US$ 16.8 billion), cash profit of over Rs 9,800 crore (US$ 2.1 billion), net profit of over Rs 4,700 crore (US$ 990 million) and exports of Rs 11,900 crore (US$ 2.5 billion).
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/images/logos/local/th_ricehuskash.jpgRice Husk Ash
They manufacture organic amorphous silica (made of rice husk ash), for sale, with silica content of above 85%, in very small particle size of 25 microns, used for making better green concrete, high performance concrete, refractory, insulators, waterproofing chemicals, roofing shingles, specialty paints, flame retardants , carrier for pesticides, insecticides and bio fertilizers etc.
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Indian crude oil at four-month low to cut govt subsidy burden
Posted on 28th July 2015
The Indian basket of crude oil price has plummeted to $54.41 per barrel, its lowest in four months, on the back of multiple factors, including a contraction in the manufacturing sector in China, the world’s second-largest consumer of crude after the US. A stronger US dollar has also made non-US investors to sell commodities, pressuring prices already impacted by the global oversupply concerns from the just-concluded Iranian nuclear deal.

The Indian basket represents the average price of Oman and Dubai sour grade crude and the sweet Brent crude oil processed in Indian refineries in the ratio of 72:28. It stood at $54.41 per barrel on the last trading day of July 24, falling from a peak of $66.54 per barrel on May 6, and the lowest since April 2 price of $54.77 per barrel. Read More


ONGC draws Rs 53,000-crore plan for KG block: Report
Posted on 15th July 2015
State-owned ONGC is in the midst of a programme to drill a total of 45 development wells in the Krishna-Godawari deepwater block KG-DWN-98/2, at a whopping Rs 53,085 crore, which also includes setting up a floating, production, storage and offloading (FPSO) system and a fixed offshore platform, an industry web site said.

When contacted, ONGC officials said the field development plan (FDP) for the KG block was yet to be finalised. They added that ONGC has a deadline to submitted the FDP to the Directorate General of Hydrocarbon by September. Read More


ONGC wants Barmer pact extended sans changes
Posted on 1st July 2015
PSU explorer ONGC, which holds 30% stake in the Barmer oil and gas block in Rajasthan, wants the extant contract to be extended post its expiry in 2020 without any changes. This, according to analysts, brightens the prospects of Cairn India, which holds 70% of the block and is the operator, getting the lease extended by another decade.

The production sharing contract (PSC) for the Barmer block, which contributes 27% of country’s crude oil output, is set to expire on May 14, 2020. Read More


L&T bags offshore contract worth Rs 2,715 cr from ONGC
Posted on 24th June 2015
L&T Hydrocarbon Engineering Ltd (LTHE), a subsidiary of Larsen & Toubro (L&T), on Wednesday said it has bagged an offshore contract from ONGC valued at Rs 2,715 crore.

The contract was won against international competitive bidding for the Oil & Natural Gas Corporation (ONGC) project at Bassein field near Mumbai coast in western offshore basin of India. Read More


ONGC backs Cairn proposal
Posted on 19th June 2015
New Delhi, June 18: Oil and Natural Gas Corporation Ltd (ONGC) has asked the government to extend the tenure of its partner Cairn India's prolific Rajasthan oil block by 10 years without any change in terms and conditions.

Cairn has a significant discovery in the Raageshwari field in the Rajasthan block and wants the Centre to extend the term by 10 years beyond the contractual deadline of 2020. Such an extension needs the approval of the state-run exploration company. Read More

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